South Korea’s retail sector is expected to witness healthy growth over the next five years, backed by improving economic conditions, government efforts to boost domestic consumption, relatively low inflation levels, and increasing disposable income.

The ubiquity of high-speed internet access and increasing adoption of mobile devices are fueling the growth of sales through the online channel, and the trend is expected to gain further traction over the next five years.

Synopsis

Retailing in South Korea- Market Summary and Forecasts, 2015-2020 provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to South Korea’s retail environment. In addition, it analyzes the key consumer trends influencing South Korea retail industry.

– Gain comprehensive knowledge on 26 products across 12 product sectors in South Korea retail market and develop a competitive advantage around consumer behavior trends from the start of your supply chain

– Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer, and technology trends influencing the retail market

– Investigate current and forecast behavior trends in each category to identify the best opportunities to exploit

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